Greece | Cache Metals


Greece Receives EU Bail Out, UAE Trading Oil & Gold, Diversification in Investment Portfolio

am 640 news radio with Cache Precious Metals

640 Host, 640 Host, Jasmine Bowen discusses Greece receiving EU bailout. EAU trading Oil for Gold & Diversification in your Investment Portfolio. Winner of a Silver 1 oz Maple Leaf Coins goes to Grant, for the top question regarding Gold and Silver Precious Metals in your investment portfolio.

Tune in to AM 640 Thursday at 7:05 pm ET to listen to the weekly Gold & Silver Precious Metals Update featuring Cache Metals' Robert Rosenzweig.

Daily Market Recap: March 13th, 2012

Another muted day on the metals market as spot gold traded lower to $1683. Traders and investors awaited the FOMC meeting on interest rates.

Daily Market Recap: March 8th, 2012


Precious metals were in rally mode as growing confidence that a Greek debt swap will be well enough in favour to avoid a credit event.

Spot gold traded to $1704 as the Euro picked itself off the floor to start a rally of its own. The single currency traded to a session high of 1.3278 amid growing confidence on the Greek bond swap.

"Expectations that the take-up will be sufficient to allow the debt swap to proceed without any activation of the collective action clauses expectations have kept the euro buoyant," Standard Bank said.

Daily Market Recap: February 27th, 2012

Spot gold started the session trading to an intra-day low of $1760 as early profit taking and better than expected US pending home sales at 2% against an expected 1.2% and a previous 1.9%.

Daily Market Recap: February 15th, 2012

Spot gold advanced further in the North American session as Greek default fears continued to linger as well as a promise from Chinese officials to support the Eurozone.


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